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AT&T Q2 Earnings: Strong Wireless Net Adds, Higher Free Cash Flow, Stable Annual Outlook

Benzinga LogoBenzinga10h ago

AT&T Q2 Earnings: Strong Wireless Net Adds, Higher Free Cash Flow, Stable Annual Outlook - Benzinga

Quick Summary:

Also Read: AT&T and Snowflake Hit by Cyberattack, Millions of Customers Affected

In the Mobility segment, AT&T clocked 997 thousand wireless net adds, including 419 thousand postpaid phone net adds, beating analyst estimates of 279 thousand, Bloomberg reports.

AT&T Inc (NYSE:T) reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion.Adjusted EPS of $0.57 is in line with the analyst consensus estimate.


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 11:54:10 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21761507

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Official Website: benzinga.com

Update Frequency: 33 posts per day

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News Last Updated: 8 hours ago

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Publisher ID: #53

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